Subject to the terms and conditions of this section 5, tenant shall have, during the lease term (including any extension terms ), a right of first refusal to lease the third (3rd) and fourth (4th) floors of the xxxxxx building (the “ first refusal space ”). The purchaser, the company and each of the founders shall have executed the rofr agreement. A contractual right that gives a specified party the opportunity to purchase or enter into a contract before it is offered to other potential buyers or contractors. Web first right of refusal clause samples. A right of first refusal clause for inclusion in a commercial contract.
The company you hire it from is the only producer of the equipment, and the machinery you rent is the only one they hire out. Web in real estate, right of first refusal (rofr) is a contract clause that gives certain people the contractual right to purchase a property before the seller accepts public offers. A standard clause that can be included in a will or trust instrument to grant a testator's or settlor's child or other individual a right of first refusal before property is sold as part of an estate or trust administration. Web this term has multiple meanings.
Web tenant shall have a right of first refusal (refusal right) to purchase the premises or the controlling interest therein or the portion of landlord 's ownership interests that is the subject of the outside contract in accordance with the terms and provisions thereof. A right of first refusal is beneficial to interested parties because it gives them the opportunity to have first dibs before any other offers can be received on the. November 16, 2023 by savannah minnery.
Right First Refusal Form Fill Out and Sign Printable PDF Template
Web first right of refusal clause samples. Web sample 1 sample 2 sample 3 see all ( 282) right of first refusal. 10.6 waiver of right of. A right of first refusal clause is a.
Right of First Refusal Clause Right Of First Refusal US Legal Forms
If any partner shall enter into an agreement to sell their ownership interest in the partnership with an individual or entity that is not a current partner, the following parties must be given a first.
Right Of First Refusal Template Fill Online, Printable, Fillable
10.6 waiver of right of. 4.2 waiver of right of first refusal. The company hereby waives any preexisting rights of first refusal applicable to the transactions contemplated hereby. If the party with the rofr declines.
Web the right of first refusal (section 2.1) provides that where a shareholder proposes to transfer shares of the company, the company shall have a right of first refusal to purchase all or any portion of such shares that such shareholder may propose to transfer at the same price and on the same terms and conditions as those offered to the. The purchaser, the company and each of the founders shall have executed the rofr agreement. Unless otherwise stated in the award agreement or the exercise agreement, the company reserves to itself and/or its assignee (s) a right of first refusal to purchase all shares that a participant (or a subsequent transferee or assignee) may propose to transfer to a third party (the right of first. Web tenant shall have a right of first refusal (refusal right) to purchase the premises or the controlling interest therein or the portion of landlord 's ownership interests that is the subject of the outside contract in accordance with the terms and provisions thereof. The company hereby waives any preexisting rights of first refusal applicable to the transactions contemplated hereby.
Web in real estate, right of first refusal (rofr) is a contract clause that gives certain people the contractual right to purchase a property before the seller accepts public offers. Right of first refusal to lease. The clause requires the grantor of the right to offer contract terms to the grantee before it can conclude a contract on the same terms with a third party.
The Company Hereby Waives Any Preexisting Rights Of First Refusal Applicable To The Transactions Contemplated Hereby.
A contractual right that gives a specified party the opportunity to purchase or enter into a contract before it is offered to other potential buyers or contractors. Unless otherwise stated in the award agreement or the exercise agreement, the company reserves to itself and/or its assignee (s) a right of first refusal to purchase all shares that a participant (or a subsequent transferee or assignee) may propose to transfer to a third party (the right of first. Sample 1 sample 2 sample 3 see all ( 92) Web by practical law trusts & estates.
Web A Standard Clause In Many Shareholder Agreements, Including Unanimous Shareholder Agreements (Usas), Which Requires A Shareholder Who Has Received An Offer To Purchase All Or Any Portion Of Its Shares In A Corporation From A Third Party To First Offer Those Shares To The Other Shareholders.
4.2 waiver of right of first refusal. Web (a) each credit party agrees that, subject to the availability of revolving commitments, no less than 50% of receivables (by principal balance) that qualify as eligible receivables that the originator or its affiliates originates or acquires during any collection period during the revolving commitment period shall be financed through the facilit. November 16, 2023 by savannah minnery. A right of first refusal is beneficial to interested parties because it gives them the opportunity to have first dibs before any other offers can be received on the.
Web In Real Estate, Right Of First Refusal (Rofr) Is A Contract Clause That Gives Certain People The Contractual Right To Purchase A Property Before The Seller Accepts Public Offers.
The clause requires the grantor of the right to offer contract terms to the grantee before it can conclude a contract on the same terms with a third party. Effective at any time after january1, 2014, upon twelve (12) months prior written notice to tenant, landlord may terminate this lease should landlord decide that it will redevelop the building of which the premises are a part. Provided however, that this right of first refusal shal. Subject to the terms and conditions of this section 5, tenant shall have, during the lease term (including any extension terms ), a right of first refusal to lease the third (3rd) and fourth (4th) floors of the xxxxxx building (the “ first refusal space ”).
Web This Term Has Multiple Meanings.
10.6 waiver of right of. If any partner shall enter into an agreement to sell their ownership interest in the partnership with an individual or entity that is not a current partner, the following parties must be given a first right of refusal before such a transaction can take place: A right of first refusal clause is a statement in a residential lease agreement that allows the tenant or occupant of a rental unit to make the first offer on their property in the event that the landlord chooses to sell it. Web (a) the company hereby grants to each purchaser the right of first refusal to purchase, at the same per share price and on the same terms and conditions, such purchaser 's pro rata share of new securities as the company may, from time to time, sell or issue after the date of this agreement;
Web sample 1 sample 2 sample 3 see all ( 282) right of first refusal. Web right of first refusal (rofr), also known as first right of refusal, is a contractual right to match or refuse to match an offer on an asset after other offers have been made. Web the right of first refusal (section 2.1) provides that where a shareholder proposes to transfer shares of the company, the company shall have a right of first refusal to purchase all or any portion of such shares that such shareholder may propose to transfer at the same price and on the same terms and conditions as those offered to the. A contractual right that gives a specified party the opportunity to purchase or enter into a contract before it is offered to other potential buyers or contractors. The company hereby waives any preexisting rights of first refusal applicable to the transactions contemplated hereby.